Today's top money market account interest rate is 4.85% from Brilliant Bank. We rank the best money market accounts based on APY every business day.
18, 2023, was 0.45%. At the same time, there were a number of high-yield savings accounts offering APYs of 5% and higher. Read more about what kind of high-yield savings account would work best for you. Money Market Account FAQs How Safe Are Money Market Accounts? MMAs are a very ...
Money market accounts aren't the only deposit accounts offered by banks andcredit unions. Other accounts may include features (or even interest rates) that make them competitive with—or superior to—money market accounts. While they sound similar in name, a money market fund isn't the same a...
If so, a money market account may make more sense. Money market accounts often come with a debit card and checks that can make it easier to get to your money on the go. Just like thebest high-yield savings accounts, however, you are limited by federal rules to 6 transactions per month...
Below, we’ve found the most lucrative money market offers available now, and share important account details to know before opening a money market. Although Axos Bank currently offers the best return among money market accounts we considered (they are currently paying 5.26%), it’s wise to ta...
Compare these money market accounts to thebest interest bearing accounts. For more, see ourlist of the best bank bonusesfromChase,HSBC,Huntington,Citi,Bank of America,TD, Bottom Line We hope you find this article useful in terms of helping you find theBest Money Market Rates. Whether if you...
With robust rates, money market accounts can cover a lot of ground for bank investors.
Money market accounts are insured savings products offered by banks and credit unions and insured by the federal government for up to $250,000. Money market mutual funds are low-risk investments sold by brokerage firms and fund companies that invest in cash and cash equivalents. ...
Money Market Accounts Where To Get The Best Interest Rates Find which banks have the best savings account and money market accounts with high interest rates! Find the highest savings interest rates and open an account today. Update 1/2/25: We’ve updated our list with the latest bank rates...
Money market accountsThis type of account is a combination of savings and checking accounts. The best money market accounts (MMAs) offer checking-writing privileges and a debit card and pay generous interest rates. However, many MMAs limit the number of transactions you can make each month, so...